The Impact of Inflation on Microfinance Clients and its Implications for Microfinance Practitioners
Date:
May 2009
As the inflation rate in Pakistan crosses 25 percent per annum — the highest in almost three decades — there is justifiable concern that the Pakistani citizen, particularly the poor, will suffer the most and will bear the severest brunt of this economic crisis. Moreover, along with rising prices, indications suggest that Pakistan’s economy is also facing serious constraints and the high growth rates between 2002 – 2007 may have slowed down considerably, affecting economic opportunities for all, but particularly for the poor. Pakistan Microfinance Network in Islamabad has read more ...